posted on May, 16 2006 @ 06:41 PM
I'd be interested in hearing what else you would consider "proof" of what, Carseller.
Have you normalized for the substantially larger number of taxpayers in April 2006 compared to the last April in which higher tax rates were in
effect? And why single out a single month anyway?
If tax cuts produce revenue increases (normalized appropriately), then why is it that every time an across-the-board tax cut goes into effect, the
federal deficit increases? Just as it does when a significant spending increase occurs, e.g. during wars.
While putting more spending money into the hands of consumers does spur the economy and so generate increased tax revenue, all that means is that the
net loss of revenue from a tax cut should not be proportional to its size. A tax cut still loses the government money, it just doesn't lose as much
money as might be expected using simplistic math.